3-bed · 2,234 sqftShoreline - Hamri, Palm Jumeirah · 3rd floor · completed 2007

302, Shoreline - Hamri

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 3.65M25 May 2023
Current rentAED 135K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Shoreline - Hamri

What is 302 worth today?

Last sold for AED 3,650,000 in 2023

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25 May 2023SoldReady
AED 3,650,000AED 1,633 per sqft
1 Apr 2020RentedRenewal
AED 135,000/yr8 months · AED 61 per sqft
1 Dec 2019RentedRenewal
AED 144,990/yr4 months · AED 65 per sqft
1 Dec 2018RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
1 Dec 2017RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
1 Dec 2016RentedRenewal
AED 180,000/yr12 months · AED 81 per sqft
1 Dec 2015RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
15 Apr 2013RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
3-bed apartment
Size
2,234 sqft
Floor
3rd of 9
Parking
B2-36,B2-37
Developer
Nakheel
Completed
2007
Service charge
AED 33,500 /yr
Last sold
AED 3.65M · May 2023

About 302, Shoreline - Hamri

302 is a three-bedroom apartment of 2,234 sqft on the 3rd floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 May 2023 for AED 3,650,000, or AED 1,633 per sqft, 26% above the AED 1,295 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 April 2020, is AED 135,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 33,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Shoreline - Hamri
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 2,350,000; 2011 AED 1,700,000; 2012 AED 1,700,000; 2013 AED 1,175,000; 2014 AED 2,115,000; 2015 AED 2,700,000; 2016 AED 2,600,000; 2021 AED 2,000,000; 2022 AED 2,755,000; 2023 AED 3,337,500; 2024 AED 4,200,000; 2025 AED 4,900,000Sold by developer, April 2009: AED 2,550,000 (AED 1,141 per sqft)Sold, January 2013: AED 2,200,000 (AED 984 per sqft)Sold, May 2023: AED 3,650,000 (AED 1,633 per sqft)

302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 302, each contractTypical three-bed in Shoreline - Hamri
200K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 160,000; 2014 AED 184,500; 2015 AED 187,500; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 162,500; 2019 AED 144,995; 2020 AED 130,000; 2021 AED 130,000; 2022 AED 150,000; 2023 AED 160,000; 2024 AED 211,135; 2025 AED 267,500; 2026 AED 245,000New contract, April 2013: AED 160,000 a yearNew contract, December 2015: AED 180,000 a yearRenewal, December 2016: AED 180,000 a yearRenewal, December 2017: AED 175,000 a yearRenewal, December 2018: AED 175,000 a yearRenewal, December 2019: AED 144,990 a yearRenewal, April 2020: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Hamri, and where 302 sits

All 40 3-beds →

302 last sold in May 2023 at AED 1,633 per sqft, 26% above what three-beds in Shoreline - Hamri were fetching at the time (AED 1,295). Over the last 12 months three-beds sold for AED 5,800,000 to 7,425,000, around AED 3,039 per sqft, and rent for AED 188,000 to 320,000 a year. 302's AED 135,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Feb 20267,425,000
20 Nov 20255,800,000
27 Feb 20254,000,000
25 Feb 20254,950,000
2 3-bed sales in the last 12 months

Shoreline - Hamri

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 9 sold in the last 12 months.

Typical price per sqft
AED 2,302
Typical sale
AED 3.75M
Typical rent
AED 176K /yr
Typical yield
4.8%
Shoreline - Hamri, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 108 units in Shoreline - Hamri
Value
3012-bedAED 1.36M · Apr 2021
3033-bedAED 2.6M · Sep 2016
3041-bedAED 1.67M · Dec 2017
3052-bedAED 3.4M · Apr 2009
3062-bedAED 2.4M · Feb 2014
3072-bedAED 2.82M · Sep 2023
3082-bedAED 2.95M · Nov 2023
1–7 of 11

302, Shoreline - Hamri in numbers

  • Sold 3 times: first on 22 April 2009 for AED 2,550,000, last on 25 May 2023 for AED 3,650,000 (AED 1,633 per sqft).
  • Rented since April 2013 on 7 Ejari contracts, from AED 160,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 33,500 a year (AED 15.01 per sqft).
  • Three-beds in Shoreline - Hamri sold for AED 5,800,000–7,425,000 in the 12 months to November 2026; the building's median across all types is AED 2,302 per sqft.

Source: Dubai Land Department. Updated 25 May 2023.

Questions about 302, Shoreline - Hamri

What did unit 302 last sell for?

AED 3,650,000 on 25 May 2023: AED 1,633 per sqft for 2,234 sqft. The unit has 3 registered sales; the first was AED 2,550,000 in April 2009.

What is the rent for unit 302?

AED 135,000 a year on the contract renewed on 1 April 2020. The previous contract, from December 2019, was AED 144,990; the unit has been rented since April 2013.

How big is unit 302?

2,234 sqft (207.5 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hamri sold for AED 5,800,000 to 7,425,000 in the last 12 months, around AED 3,039 per sqft.

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Mortgage on 302, Shoreline - Hamri

Starts from the last sale price (AED 3.65M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →